Government withdraws tender for 126 fighter jets

Jul 30 2015

Defence Minister Manohar Parrikar said the Centre has withdrawn the multi-billion dollar tender for the 126 Medium Multi Role Combat Aircrafts.

Nation bids tearful adieu to Abdul Kalam

Jul 30 2015

Thousands of people bid an emotional farewell to former President APJ Abdul Kalam amid chants of "Bharat Mata Ki Jai".

Over 38 lakh urban poor given skill training: Union Government

Jul 30 2015

Over 38 lakh urban poor have been provided with skill development training with assistance from the Ministry of Housing and Urban Poverty Alleviation.

Terrorists who attacked Gurdaspur came from Pakistan: Rajnath

Jul 30 2015

Linking the Gurdaspur attack to Pakistan, Home Minister Rajnath Singh on Thursday said the three terrorists had infiltrated from there.

Yakub Memon hanged in 1993 Mumbai blasts case

Jul 30 2015

Yakub Memon, the sole convict on death row, was hanged after failure of efforts by his counsels to stall the execution.

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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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